The Research Of Optimizing Working Capital Management In Gansu Communication Engineering Construction Co.,Ltd

The efficient enterprise fund management is a prerequisite for enterprise development and corporate strategy,and it is also a prime condition for an enterprise to thrive in the fierce competition.There are many reasons for enterprise fund management.But both short-term goals and long-term strategies should be based on a company's own risk management and earnings.A enterprise could reduce costs and make more profits through working capital management.At the same time,efficient fund management endure a company to cover possible debts in the near future and avoid risks caused by fund shortage.This article takes Gansu Communication Engineering Construction Co.,Ltd.as the main research object.Firstly,it sums up the background and research significance of working capital management of Gansu Communication Construction Co.,Ltd.Secondly,combining the current situation of capital controlling in the enterprise,the paper theoretically interprets the connotation of enterprise fund management and studies the problems existing in the company's working capital management.Through the combination of theoretical analysis and case study,the paper points out the causes of the problems in the company's capital management and proposes solutions.In view of some notable problems in working capital management,it is believed that the company should rationally allocate capital structure,strengthen the liquidity management,carry out comprehensive budget management and reduce the cost of capital occupation.In addition,the corresponding working capital management system,performance evaluation system,effective project management and internal management could be adopted to improve the fund use efficiency.At the same time,saving cost,reducing expenses and continuously improving the management level of financial personnel are also necessary in working capital management.Through the study of this paper,it is beneficial to further strengthen and expand the theory and method of working capital management in communication construction enterprises.The research is good for the comprehensive utilization and rational allocation of various resources of the enterprise,thus improving the efficiency,achieving meticulous operation and transforming passivity into initiative.It also could decrease cost and improve efficiency,which contributes to maintain and increase the value of the assets,provide a reasonable method of fund management for enterprise development and promote the healthy and benign development of an enterprise.